1.F
2.T
3.F
4.T
These are the answers hope it helps
I believe the answer is: Single seller
A single seller market is another name for a monopolistic market. In this market, only one company/organization control the sales of a certain product.
Since there is no competitor in the market, a single seller company could increase the price of its product as high as it can to maximize profit without worries since the consumers do not have any other option.
The correct answer is A. Books bags. a good example of monopolistic competion is texbooks. The monopolistic competition has the next characteristics:
There are many producers and many consumers in the market. And there is no company that has control over the price.
Consumers notice there are non-price differences.
There are few barriers to entry and to exit the market.
Producers can have some control on the price.
Answer:
ClassDojo. ClassDojo is an interesting learning app for kids in the category 'virtual classroom learning apps.
Hope it helps
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